Essay Question #1: Instructions—This is a “fictitious case study.” Please thoroughly answer both parts, 1 and 2.
Starcorp Incorporated is known as one of The Best Places to Work in 2015. Specializing in customer service support for various companies globally. StarCorp Inc. has an average employee age of 45, with low turnover rates for the past few years. Highlights of employee benefits include a 100% 401k match, which was recently adopted this year. Employees enjoy flexible scheduling and free tuition for undergraduate coursework.
1. Looking at rewards holistically to retain these employees, determine which aspects of the rewards strategy has been the strongest focus and explain how at least four of its elements may be addressed to further …show more content…
The role and scope of responsibility lets you as a employee know what your job is and what your tasks are in a nutshell. In most instances these instructions are found in your job description and may have limitations as well as special …show more content…
What do we need to improve on, how do the customers view your organization, and how it the structure and operations holding within the firm? These are things that can make or break a company to determine where the downfalls may lie as well as what good things are being done.
3) External competitiveness – This refers to the competitiveness of companies in relation to pay rates. For example is Company A paying more than Company B for the same position? And if so what can you do to keep up with your competitor or even surpass them to recruit more employees or retain them?
4) Internal consistency – This is just an assessment given to customers asking to measure certain skills or characteristics. This may involve a number of things such as customer service, hours of operation, and the environment in an organization’s waiting area. These things are measured so the company knows what is being done right and what they need to work
Starcorp Incorporated is known as one of The Best Places to Work in 2015. Specializing in customer service support for various companies globally. StarCorp Inc. has an average employee age of 45, with low turnover rates for the past few years. Highlights of employee benefits include a 100% 401k match, which was recently adopted this year. Employees enjoy flexible scheduling and free tuition for undergraduate coursework.
1. Looking at rewards holistically to retain these employees, determine which aspects of the rewards strategy has been the strongest focus and explain how at least four of its elements may be addressed to further …show more content…
The role and scope of responsibility lets you as a employee know what your job is and what your tasks are in a nutshell. In most instances these instructions are found in your job description and may have limitations as well as special …show more content…
What do we need to improve on, how do the customers view your organization, and how it the structure and operations holding within the firm? These are things that can make or break a company to determine where the downfalls may lie as well as what good things are being done.
3) External competitiveness – This refers to the competitiveness of companies in relation to pay rates. For example is Company A paying more than Company B for the same position? And if so what can you do to keep up with your competitor or even surpass them to recruit more employees or retain them?
4) Internal consistency – This is just an assessment given to customers asking to measure certain skills or characteristics. This may involve a number of things such as customer service, hours of operation, and the environment in an organization’s waiting area. These things are measured so the company knows what is being done right and what they need to work